How do I get licensed for a cannabis business in Oregon?
In order to participate in the cannabis industry in Oregon, you’ll not only need financing, you’ll also need a license. Oregon offers seven different types of licenses for cannabis-related businesses through the Oregon Liquor Control Commission, including:
- Certificate for Research
- Hemp Certificate
In order to apply for a license, you must be 21 years of age or older. Licensing fees vary depending on the type of license you are applying for but range between 1,000 dollars and 5,750 dollars. You don’t have to be a resident of the state of Oregon to apply, as long as your business will be operated in Oregon. Make sure to check the local regulations on cannabis, as counties are able to opt-out of legalization and become “dry counties” which prohibit growth, sale, and use of cannabis. Licenses are not granted to businesses that make cannabis products for pets, and licenses will not be approved prior to securing a building, appropriate security, and other measures. In order to get all of those things in place, you’re going to need financing.